During the Annual General Meeting of the International Association of Deposit Insurers, on October 8-9, 2019 in Istanbul (Turkey) the Chairman of the KDIF Akylzhan Baimagambetov signed Memorandums of Understanding and Cooperation with the heads of the Deposit Guarantee Fund of Ukraine and the Korea Deposit Insurance Corporation.
The signing of the Memoranda confirms the intention of the parties to strengthen mutual cooperation on the exchange of information and practical experience in the field of deposit insurance and resolution of financial institutions. The parties also agreed to carry out joint research and educational projects in areas of mutual interest.
International Association of Deposit Insurance Systems (IADI) was established in 2002 and is domiciled at the Bank for International Settlements in Basel (Switzerland).
The Association was created as a platform for cooperation between deposit insurers and the development of best practices.
Currently, 92 deposit insurance organizations are members of the Association. KDIF has been a member of the Association since 2003.